1116 Center St Portage, MI 49024
This exceptional 8,500-square-foot industrial building is situated on a one-acre lot in a prime Portage, MI location. Boasting excellent curb appeal and high daily traffic visibility, this property offers unparalleled flexibility for a wide range of businesses. The building features a spacious front reception or showroom area, perfect for client interaction, along with ample workspaces to accommodate various operational needs. A substantial warehouse component, boasting 16-foot ceilings, provides extensive storage or production space. Two bathrooms are conveniently located within the building. Recently renovated office space offers a modern and efficient work environment. The property is equipped with ample power, making it suitable for businesses with significant energy demands. Zoned for light industrial use, this property complies with all necessary regulations. The deep lot provides additional space behind the building, offering potential for expansion or outdoor storage. A significant advantage is the newly installed Metronet fiber internet service, ideal for a VoIP phone system, ensuring high-speed connectivity for modern business operations. This is a rare opportunity to acquire a versatile and well-equipped industrial property in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.